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A branch of HDBank in HCM City. The bank has been named Asia’s best service and Vietnamese-market leader in the “Trade Finance Survey 2019” by Euromoney magazine. – VNS Photo Viet Nam News HCM CITY – HDBank was recently selected as Asia best service and Việt Nam market leader in the “Trade Finance Survey 2019” by the English-language monthly magazine Euromoney. HDBank was selected out of 7,000 organisations and companies from 89 national and territories thanks to its outstanding strategy and business plans as well as strong human resources in 2018. HDBank is one of 200 banks that have joined ADB’s financial assistance programme since 2015. Through the programme, the bank has accelerated campaigns to support customers’ import-export activities, especially small- and medium-sized enterprises (SMEs). In its 2017-2021 plan, HDBank targets becoming the leading bank in the country, targeting small- and medium-sized enterprises. … [Read more...] about HDBank named Asia’s best service leader by Euromoney magazine

Vienna is named world’s most liveable city in 2018 (Source: Erasmusu.com)Melbourne, Australia, was dislodged by Vienna, which reached the top spot for the first time. The capital of Austria scored 99.1 points out of 100, while Melbourne scored of 98.4. Osaka in Japan was ranked third, followed by Calgary (Canada) and Sydney (Australia). The ranking considers 30 qualitative and quantitative factors to rank 140 cities in order of best living conditions. Those factors include benchmarks such as health care, education, infrastructure, stability and culture/environment, among others. The cities are scored overall from ideal to intolerable on a 100-point scale. The ten most liveable cities in 2018 1. Vienna, Austria 2. Melbourne, Australia 3. Osaka, Japan 4. Calgary, Canada 5. Sydney, Australia 6. Vancouver, Canada 7. Tokyo, Japan 8. Toronto, Canada 9. Copenhagen, Denmark 10. Adelaide, Australia Compiled by BTA … [Read more...] about Vienna named world’s most liveable city in 2018

Credit Suisse has been named Vietnam’s Best Investment Bank at the Euromoney 2018 Awards for excellence and best international investment bank at the FinanceAsia 2018 Country Awards, both for the ninth time. Euromoney also recognised Credit Suisse as Asia’s Best Investment Bank for the first time. Credit Suisse received the coveted title for the ninth time in Vietnam Commenting on the awards, Helman Sitohang, Credit Suisse CEO for Asia Pacific, said: “These accolades are a testament to Credit Suisse’s position as the trusted bank for entrepreneurs in Asia Pacific. I am delighted that we are the only bank over the last two years to have been recognised as the Best Investment Bank, Financing House and Wealth Manager in Asia. These strengths are core to delivering holistic advisory and solutions that meet the wealth and corporate interests of clients in the region. Our clients’ confidence in Credit Suisse is reflected in these awards, and … [Read more...] about Credit Suisse named Vietnam’s Best Investment Bank for ninth time

The northern province of Vĩnh Phúc promoted its potential and called for investment at a conference held in Gyeonggi Province in South Korea on Friday. — Photo vinhphuc.gov.vn SEOUL — The northern province of Vĩnh Phúc promoted its potential and called for investment at a conference held in Gyeonggi Province in South Korea on Friday. Speaking before an audience of South Korean businesspeople, Chairman of Vĩnh Phúc provincial People’s Committee Nguyễn Vân Trì highlighted the province’s convenient location in Việt Nam’s northern key economic zone and favourable natural conditions suitable for industry, tourism and hi-tech agriculture. He informed the South Korean business circle that the province has made efforts to streamline its administrative procedures, upgrade infrastructure, especially at industrial zones, and train the local … [Read more...] about Vĩnh Phúc seeks investment from S Korea

Vietcombank representative Nghiem Phu Quoc receives the award (Source: VCB) Hanoi (VNA) - The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been named the best bank of Vietnam in 2018 by FinanceAsia. This is the second consecutive year the bank has received this award from the Hong Kong-based magazine. The award aims to honour outstanding banks in each country, selected based on criteria such as business strategy, management model with a view of offering its customers services that meet international standards, growth, profitability, high-quality products and services, network development with the increasing number of customers. Currently, Vietcombank is rated among Vietnamese banks as the best in terms of asset quality and profitability. In 2017, Vietcombank made a strong impression by becoming the first bank in Vietnam to report pre-tax profit of 11.341 trillion VND (499 million USD). Its bad debts fell to only 1.1 percent, the lowest … [Read more...] about Vietcombank named Vietnam’s best bank in 2018 by FinanceAsia

The maps and itinerary of an envoy’s journey to China dating from the 18th century have been officially announced as a heritage Memory of the World at the 2018 General Meeting of UNESCO’s Memory of the World Committee for Asia and the Pacific. The meeting took place on May 29-31 in Gwangju, the Republic of Korea attracting 125 representatives from 28 countries. The panel considered 12 dossiers from eight countries including Tuvalu, Myanmar, China, the Philippines, the Republic of Korea, Australia, the Solomon Islands and Viet Nam. Hoang Hoa Su Trinh Do (The Envoyship Journeys to China – literally translated as maps and itinerary of the envoy’s journey to China) belonged to the Nguyen Huy family in the central province of Ha Tinh. With writings, drawings and maps, the book recorded the diplomatic relationship between Vietnam and China in the 18th century through journeys of Vietnamese envoys. It was compiled and edited by Nguyen Huy Oanh (1713-1789) based … [Read more...] about Vietnam’s maps named UNESCO’s Memory of World

Hanoi authorities have approved a project to mitigate risks that could potentially result in disasters for the Vietnamese capital, including nuclear incidents in China. The radiation risk is the only overseas factor the city is worried about, among 10 potential disaster-inducing risks that it is going to focus on. Hanoi is one of the places in northern Vietnam that would be "seriously affected" if the three nuclear plants in southern China encounter incidents, a document on the project said. "Radioactive dust could spread far and wide, polluting the air and water sources," it said. The city has tasked the Department of Science and Technology with drafting a detailed scenario for tackling radiation leaks and nuclear accidents. The three Chinese nuclear power plants, which went into operation in 2016, stand in Guangxi and Guangdong Provinces and Hainan Island, all close to Vietnam's northern border. The plant in Guangxi is 50 kilometers (31 miles) from Quang Ninh Province, home to the … [Read more...] about Hanoi names China’s possible radiation leaks among top ‘disaster’ risks

At its annual general meeting earlier this year, the An Duong Trade and Investment Joint Stock Company suddenly announced plans to revive the once-popular Co Ba soap. (Photo: plo.vn) HCM City (VNS/VNA) - Many well-known consumer brands of the past are making a comeback in Vietnam, indicating a new-found confidence on the part of local companies to take on multinational rivals. At its annual general meeting earlier this year, the An Duong Trade and Investment Joint Stock Company suddenly announced plans to revive the once-popular Co Ba soap. The company is setting up a production line and distribution channel for the relaunch after a gap of one and a half years. The green soap with the image of a woman with her hair in a bun used to dominate the Vietnamese market and was sold in Cambodia, Laos, Hong Kong and several African nations. It is set to return with its familiar look and fragrance. The revival has caused some consternation because the company is in real estate and not in … [Read more...] about Brands from past make comeback

Hoang Do holds a party to commemorate the death of his son every year. It is barely anything more than 64 cups of rice wine, one each for his son Hoang Van Tuy and the other soldiers who died with him during the battle to defend the Spratly Archipelago from China in 1988. Do is 90 now and not planning on throwing many more parties for the fallen soldiers. “I just hope to join my son soon,” he said. Vietnam is commemorating 30 years since it lost the Gac Ma Reef in the Spratly Archipelago to China, and many families of the dead soldiers have yet to find peace because they have been unable to bid their loved ones a proper farewell. On March 14, 1988, the Vietnamese Navy’s Brigade 125 sent three ships carrying nearly 100 officers and soldiers to the Gac Ma (Johnson South), Co Lin (Collins or Johnson North) and Len Dao (Lansdowne) reefs in the Spratly (Truong Sa) Archipelago. The soldiers were transporting construction materials to Gac Ma when four Chinese vessels … [Read more...] about Vietnamese families in search of peace 30 years after sons died defending Spratlys from China

White Sưa flowers are in full bloom in Hanoi Hanoi in March enjoys a mild climate with average temperatures ranging from 17-24 degrees Celsius, with the cold winds long gone and the sun starting to shine. Purple Ban flowers have blossomed on Nguyen Du street. The capital is also quieter following the frenetic Lunar New Year holiday, a major travel season which often ends in February. Since March is by nature a “shoulder season” when tourism neither peaks nor troughs, travelers can enjoy cost-effective journeys, Business Insider says. The news website advises wandering around the Old Quarter in the city center, an area it describes as “energetic and mazelike.” Last year, Time ranked Hanoi at No.1 on its list of Best International Destinations in terms of value for money. In early 2017, Britain’s Daily Telegraph listed Hanoi as one of the top 10 cities for street food. TripAdvisor, the world's popular travel … [Read more...] about US news website names Hanoi among 13 best places to visit in March